NOT LISTED FOR SALE

53 Monadnock St Gardner, MA 01440

11 Beds
5 Baths
3,800 Sq Ft
0.26 Acres

Last Sold June 01, 2023

Last sale price $565,000 $149 Per Sq Ft

6 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Jogging Path
  • Medical Services
  • Community Pool
  • Enclosed patio or porch

About This Home

As of June 2023

Turnkey 5-unit building located close to all downtown has to offer. All units have been renovated and have spacious floorplans. There is one 3-bedroom unit and four 2-bedroom units. Many updates have been done including vinyl siding and windows. There is plenty of parking and also a 3-car garage. Low operating expenses. Great investor opportunity.

Last Agent to Sell the Property

Trish Marchetti

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 03/31/2023

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Brian Donoghue

Universal Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,246

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot
  • Near Conservation Area

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • 3,800 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Laundry Room
  • Enclosed patio or porch

Listing and Financial Details

  • Total Actual Rent $6,495
  • Rent includes unit 1(heat water hot water), unit 2(water hot water), unit 3(water hot water), unit 4(water hot water)
  • Assessor Parcel Number M:M27 B:24 L:26,3535706

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $1,284
  • Insurance Expense $1,774
  • Water Sewer Expense $3,720
  • Operating Expense $10,398
  • Net Operating Income $67,482

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,246

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1930
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 11

Interior Features

  • Flooring: Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Utility Connections for Electric Range
  • Total Bedrooms: 11
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Interior Entry
  • Living Area: 3800
  • Spa YN: No
  • Stories Total: 11
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 144.74
  • PRICE PER Sq Ft: 148.68
  • MAIN SO: D95031

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Oil), Unit 2(Electric), Unit 3(Electric), Unit 4(Electric)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water,Hot Water), Unit 4(Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3720

Lot Info

  • Parcel Number: M:M27 B:24 L:26,3535706
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11327
  • Lot Size Units: Acres
  • PAGE: 123
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6246
  • Tax Book Number: 61008

Multi Family

  • Electric Expense: 1284
  • Gross Income: 77880
  • Insurance Expense: 1774
  • Net Operating Income: 67482
  • Number Of Units Total: 5
  • Operating Expense: 10398
  • Total Actual Rent: 6495
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $565,000 +2.7% $149 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $550,000 +74.1% $145 / Sq Ft
09/06/2019 09/06/19 Sold $316,000 +5.4% $83 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $299,900 +130.7% $79 / Sq Ft
03/29/2013 03/29/13 Sold $130,000 0.0% $34 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $130,000 -- $34 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73093617

MLS Property Information Network (MLS PIN)